DAVID Beckham is taking the biggest gamble of his life by sinking a third of his personal wealth into his dream of owning a Miami football team.
The deal entitled him to invest only $25million himself – just under £15million – in a new club but in the end he decided he wanted to put in the same amount as American Idol creator Fuller, 53, and Claure, 43, who owns Brazilian side Bolivar.
Our source said: “It was a tough decision to make and one hell of a gamble with so much money.
“He talked the finances over with wife Posh, who is worth more than £55million in her own right.
“She was so supportive he became convinced he should take the plunge.”
Some financial experts reckon building costs could be close to half-a-billion dollars or around £298million.
Our source added: “David wants to be up and running as soon as next year or, at the latest, the year after.”
We can reveal Goldenballs has put a massive £59.74million into the project, which involves building a new stadium as well as assembling a Major League Soccer side from scratch.
It’s the same amount – the equivalent of $100million – that his two partners, TV mogul Simon Fuller and Bolivian telecom billionaire Marcelo Claure, have invested.
With a net worth estimated at around £180million, Beckham (right) is the least wealthy of the three by a long shot.
But a close friend of the former England and Man Utd captain confided: “David isn’t out of his league with these guys because his personal fortune will keep on growing and growing.
“But he is the one taking the biggest risk – and it’s not something he has done lightly.” Our source revealed that Becks, 38, “agonised” for months over launching his own franchise as part of a “sweetheart deal” he negotiated with MLS bosses when he signed for LA Galaxy in 2007.“David isn’t out of his league with these guys because his personal fortune will keep on growing and growing”Anonymous friend of David Beckham
The deal entitled him to invest only $25million himself – just under £15million – in a new club but in the end he decided he wanted to put in the same amount as American Idol creator Fuller, 53, and Claure, 43, who owns Brazilian side Bolivar.
Our source said: “It was a tough decision to make and one hell of a gamble with so much money.
“He talked the finances over with wife Posh, who is worth more than £55million in her own right.
“She was so supportive he became convinced he should take the plunge.”
Some financial experts reckon building costs could be close to half-a-billion dollars or around £298million.
Our source added: “David wants to be up and running as soon as next year or, at the latest, the year after.”
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